Entergy Texas declares quarterly dividend on preferred stock

Rhea-AI Summary

Entergy Texas announced a quarterly dividend declaration on its Series A Preferred Stock. The company will pay $0.3359375 per share on January 15, 2025, to shareholders recorded as of January 3, 2025. The dividend announcement was made by the company's board of directors on December 19, 2024.

Positive

• Regular dividend payment indicates financial stability
• Consistent shareholder returns maintained through preferred stock dividends

Negative

• None.

THE WOODLANDS, Texas, Dec. 19, 2024 /PRNewswire/ -- The Entergy Texas, Inc. board of directors has declared a quarterly dividend payment of $0.3359375 per share on its Series A Preferred Stock. The dividend is payable Jan. 15, 2025, to shareholders of record as of Jan. 3, 2025.

About Entergy Texas

Entergy Texas, Inc. (NYSE: ETI-PR) provides electricity to approximately 512,000 customers in 27 counties. Entergy Texas is a subsidiary of Entergy Corporation, a Fortune 500 electric company. Entergy powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We're investing in the reliability, resilience and growth of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. For the latest news from Entergy Texas, visit the Newsroom and connect with @EntergyTX on social media.

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SOURCE Entergy Corporation

FAQ

What is the dividend amount for Entergy Texas Series A Preferred Stock in Q1 2025?

Entergy Texas will pay a dividend of $0.3359375 per share on its Series A Preferred Stock for Q1 2025.

When is the ex-dividend date for Entergy Texas Series A Preferred Stock Q1 2025 dividend?

Shareholders must be on record by January 3, 2025, to receive the Q1 2025 dividend payment.

When will Entergy Texas pay its Q1 2025 preferred stock dividend?

The dividend payment will be made on January 15, 2025.

What is the frequency of Entergy Texas preferred stock dividend payments?

Entergy Texas pays dividends on its Series A Preferred Stock on a quarterly basis.